Financial freedom or Financial independence is described as a term generally used to describe the state of having sufficient personal wealth to live, without having to work actively for basic necessities. For financially independent people, their assets generate income that is greater than their expenses.
Having the freedom and money (units of opportunity) to do what you please. Financial freedom could mean:
1. Being Debt Free
2. Endless Opportunities
3. Quitting your JOB (Just Over Broke)
4. Answering to no one, but yourself
2. Endless Opportunities
3. Quitting your JOB (Just Over Broke)
4. Answering to no one, but yourself
But why are so many people still in bondage financially? Is it that their job doesn't provide enough? Do they lack education or knowledge on how to become free? Are they mentally trapped by past life experiences? Is it that they enjoy being the "99%" and should blame the "1%?"
To me, financial freedom means, no needs. All my needs are satisfied. Wants are always unlimited. Financially free means, I have the freedom of time to share with my family. Money and material things can be replaced, but time however can not. I don't strive to be "rich" so to speak, but can live with knowing I don't have to worry about money.
I recently read, "Secrets of the Millionaire Mind" by T. Harv Eker and one main principle stuck out to me. Changing your mindset about money is so important. If you've never had a positive outlook on money from lessons learned as a kid from parents, grandparents, or anyone, that mindset usually stays with you when you become an adult. Learning to think as the rich do, can drastically change your views on money.
For example, why is it that we hear all the time about super lottery winners who are broke after just a few years of winning millions of dollars? Their money mindset hasn't been reset. You would think these people are set for life, and financial freedom is on their side, but not so. Because they lack this fundamental principle, they will unfortunately always be broke. Remember, a fool and his money will soon part.
What is going to help you reach financial freedom?
What is going to help you reach financial freedom?
Definitely, not a job. Most wealthy, successful individuals are business owners or entrepreneurs. Not including those who inherited money. They worked their ass off and sacrificed, failed, but kept working until they reached the level of success to financial freedom.
What are you willing to sacrifice for financial freedom? Are you ready to change your mindset about money? Are you ready to put in hard work to reach your financial goals? Most importantly, are you patient?
Financial freedom doesn't come over night. It doesn't catch a flight, take a cab, and show up on your doorstep, knocking. Determination, sacrifice, and never giving up is going to get you on the path to financial freedom. Clearly understanding your "why" will give you the drive you need.
I have found an amazing and easy way to reach my financial freedom. And it comes through internet marketing and blogging. But for me, its about helping others. Helping others achieve their goals and dreams, will help me reach mine.
"Give and it shall be given unto you." is an awesome quote to live by.
Crissy J. is an online social media marketer, hairstylist, and makeup artist. With a background in business finance, Crissy J. offers great advice and info on how to market and grow your business online.
For FREE Instant Access to online marketing techniques, visit my site at [http://www.the100kformula.com]
